CHARITABLE PURPOSE ::
Last updated: 19 December 2007
Court :
HC
Brief :
Held by the Hon`ble Bench that the fact is that the society is engaged in an object of public utility and is not covered by the provision of section 13(1)(bb),thus the trust shall be entitled to exemption u/s 11 as the profit from the business is solely applied for the charitable purpose of the trust.
Citation :
Samaj Kalyan Parishad Vs. ITO
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CA.Saibaburao Nanduri
Published in Income Tax
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